SIMPLY CHAIN
ActiveSummary
SIMPLY CHAIN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €-23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-90
Solvency60▲+18
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.15 in 2024; short-term debt: 65.4% and cash: 64% of total assets), and 65.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.6%
Return on assets
-24.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 d early
2024
29 d late
2023
7 d early
2022
40 d early
2021
22 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▼ 41.4%
2024 · €56k
2021: €15klowest in 5 years
2022: €133k▲ +777% vs 2021
2023: €230k▲ +72.9% vs 2022highest in 5 years
2024: €56k▼ -75.7% vs 2023
2025: €33k▼ -41.4% vs 2024
2021 → 2025
Total assets
€95k▼ 70.8%
2024 · €324k
2021: €20klowest in 5 years
2022: €179k▲ +810% vs 2021
2023: €315k▲ +75.9% vs 2022
2024: €324k▲ +2.7% vs 2023highest in 5 years
2025: €95k▼ -70.8% vs 2024
2021 → 2025
Net result
€-23k
2024 · €56k
2021: €9k
2022: €118k▲ +1185% vs 2021highest in 5 years
2023: €97k▼ -17.7% vs 2022
2024: €56k▼ -42.7% vs 2023
2025: €-23k▼ -142% vs 2024lowest in 5 years
2021 → 2025
Working capital
€24k▼ 40.9%
2024 · €41k
2021: €10klowest in 5 years
2022: €119k▲ +1043% vs 2021
2023: €212k▲ +78.9% vs 2022highest in 5 years
2024: €41k▼ -80.6% vs 2023
2025: €24k▼ -40.9% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€15k-€133k▲ 777%€230k▲ 72.9%€56k▼ 75.7%€33k▼ 41.4%
2021: €15klowest in 5 years
2022: €133k▲ +777% vs 2021
2023: €230k▲ +72.9% vs 2022highest in 5 years
2024: €56k▼ -75.7% vs 2023
2025: €33k▼ -41.4% vs 2024
Operating result€12k-€158k▲ 1,222%€119k▼ 24.9%€61k▼ 48.5%€-28k
2021: €12k
2022: €158k▲ +1222% vs 2021highest in 5 years
2023: €119k▼ -24.9% vs 2022
2024: €61k▼ -48.5% vs 2023
2025: €-28k▼ -146% vs 2024lowest in 5 years
Net result€9k-€118k▲ 1,185%€97k▼ 17.7%€56k▼ 42.7%€-23k
2021: €9k
2022: €118k▲ +1185% vs 2021highest in 5 years
2023: €97k▼ -17.7% vs 2022
2024: €56k▼ -42.7% vs 2023
2025: €-23k▼ -142% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €28k after €61k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€8k ▼ 42.9%
Current assets
€86k ▼ 72.1%
Equity and liabilities €95k
Equity
€33k ▼ 41.4%
Debt
€62k ▼ 76.9%
Debt's share of the balance-sheet total falls from 82.7% to 65.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▼
2024 · €68k
Cash flow
€-17k▼
2024 · €63k
Current ratio
1.39▲
2024 · 1.15
Debt to equity
1.89▼
2024 · 4.78
ROE
-70.7%▼
2024 · 99.5%
ROA
-24.5%▼
2024 · 17.2%
Interest coverage
-123.06▼
2024 · 1570.12
Debt ≤ 1 year
€62k▼
2024 · €268k
Income taxes
€312▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€324k€95k▼
Fixed assets21/28€15k€8k▼
Tangible fixed assets22/27€15k€8k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€2k€2k=
Current assets29/58€309k€86k▼
Amounts receivable within one year40/41€199k€26k▼
Other amounts receivable41€199k€26k▼
Cash at bank and in hand54/58€110k€61k▼
Equity and liabilities
Total equity and liabilities10/49€324k€95k▼
Equity10/15€56k€33k▼
Contributions10/11€6k€6k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14-€-23k
Amounts payable17/49€268k€62k▼
Amounts payable within one year42/48€268k€62k▼
Trade debts44€24k€27k▲
Suppliers440/4€24k€27k▲
Taxes, remuneration and social security45€48k€35k▼
Taxes450/3€48k€35k▼
Other amounts payable47/48€196k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€740€460▼
Non-recurring operating charges66A€256-
Gross operating margin9900€69k€-21k▼
Operating profit (loss)9901€61k€-28k▼
Financial income75/76B€10k€5k▼
Recurring financial income75€10k€5k▼
Financial charges65/66B€44€175▲
Recurring financial charges65€44€175▲
Profit (loss) for the period before taxes9903€71k€-23k▼
Income taxes67/77€15k€312▼
Profit (loss) for the period9904€56k€-23k▼
Profit (loss) for the period to be appropriated9905€56k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€230k€-23k▼
Profit (loss) brought forward from the previous period14P€174k-
Profit to be distributed694/7€230k-
Return on contributions (dividend)694€230k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €232 | €2k | €7k | €7k | €6k | ▼ 10.7% |
| Other operating charges640/8 | €351 | €700 | €777 | €740 | €460 | ▼ 37.9% |
| Non-recurring operating charges66A | - | - | - | €256 | - | - |
| Gross operating margin9900 | €13k | €161k | €126k | €69k | €-21k | ▼ 130% |
| Operating profit (loss)9901 | €12k | €158k | €119k | €61k | €-28k | ▼ 146% |
| Financial income75/76B | - | - | €5k | €10k | €5k | ▼ 46.4% |
| Recurring financial income75 | - | - | €5k | €10k | €5k | ▼ 46.4% |
| Financial charges65/66B | €233 | €334 | - | €44 | €175 | ▲ 303% |
| Recurring financial charges65 | €233 | €334 | - | €44 | €175 | ▲ 303% |
| Profit (loss) for the period before taxes9903 | €12k | €158k | €123k | €71k | €-23k | ▼ 132% |
| Income taxes67/77 | €3k | €40k | €26k | €15k | €312 | ▼ 97.9% |
| Profit (loss) for the period9904 | €9k | €118k | €97k | €56k | €-23k | ▼ 142% |
| Profit (loss) for the period to be appropriated9905 | €9k | €118k | €97k | €56k | €-23k | ▼ 142% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20k | €179k | €315k | €324k | €95k | ▼ 70.8% |
| Fixed assets21/28 | €5k | €15k | €18k | €15k | €8k | ▼ 42.9% |
| Tangible fixed assets22/27 | €3k | €14k | €18k | €15k | €8k | ▼ 42.9% |
| Furniture and vehicles24 | €3k | €12k | €16k | €13k | €7k | ▼ 49.2% |
| Other tangible fixed assets26 | - | €2k | €2k | €2k | €2k | = |
| Financial fixed assets28 | €2k | €500 | - | - | - | - |
| Current assets29/58 | €15k | €165k | €297k | €309k | €86k | ▼ 72.1% |
| Amounts receivable within one year40/41 | €5k | €137k | €250k | €199k | €26k | ▼ 87.1% |
| Trade receivables40 | €2k | €88k | €115k | - | - | - |
| Other amounts receivable41 | €3k | €50k | €135k | €199k | €26k | ▼ 87.1% |
| Cash at bank and in hand54/58 | €10k | €27k | €47k | €110k | €61k | ▼ 45.1% |
| Deferred charges and accrued income490/1 | - | €238 | €165 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20k | €179k | €315k | €324k | €95k | ▼ 70.8% |
| Equity10/15 | €15k | €133k | €230k | €56k | €33k | ▼ 41.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | - | €50k | €50k | €50k | €50k | = |
| Distributable reserves133 | - | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €9k | €77k | €174k | - | €-23k | - |
| Amounts payable17/49 | €4k | €46k | €85k | €268k | €62k | ▼ 76.9% |
| Amounts payable within one year42/48 | €4k | €46k | €85k | €268k | €62k | ▼ 76.9% |
| Trade debts44 | €2k | €20k | €39k | €24k | €27k | ▲ 12.4% |
| Suppliers440/4 | €2k | €20k | €39k | €24k | €27k | ▲ 12.4% |
| Taxes, remuneration and social security45 | €3k | €26k | €45k | €48k | €35k | ▼ 27.6% |
| Taxes450/3 | €3k | €26k | €45k | €48k | €35k | ▼ 27.6% |
| Other amounts payable47/48 | €111 | - | - | €196k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €118k | €97k | €56k | €-23k | ▼ 142% |
| + Depreciation and write-downs630 | €232 | €2k | €7k | €7k | €6k | ▼ 10.7% |
| Operating cash flow (approximation) | €9k | €120k | €104k | €63k | €-17k | ▼ 127% |
| Investment in fixed assets (approximation) | - | €-12k | €-10k | €-4k | €0 | ▲ 100% |
| Change in cash | - | €17k | €20k | €63k | €-50k | ▼ 179% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €230k ▲72.9%
3 profitable years in a row build equity to €230k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €118k ▲1,185%
Operating result €158k, net result €118k, both a record.
31-12
Financial
Equity above €100kEq €133k ▲777%
2 profitable years in a row build equity to €133k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2020
Ground area
410 m²
Building footprint
105 m²
Volume, LiDAR
1,221 m³
Parcel 21652E0057/00E012, Brussels · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hertogendreef 133, 1170 Watermaal-Bosvoorde
since 20202.309.640.967
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0057/00E012 | Brussels | 410 m² | 1 · 105 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
como todo
BE 0755.459.160
Gent · Eq €32,797
Artilow
BE 0712.570.512
Mechelen · Eq €32,796
HLB LEGAL SERVICES
BE 0400.637.318
Watermaal-Bosvoorde · Eq €32,803
ABATIS
BE 0476.170.525
Sint-Pieters-Woluwe · Eq €32,794
INNOVATE GLOBAL SOLUTIONS
BE 1007.999.650
Beringen · Eq €32,809
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,135 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.